Australia: Market for Process Control, Gate, Globe and Other Valves 2025

Exports of Process Control, Gate, Globe and Other Valves

Exports from Australia

In 2022, approx. X tons of process control, gate, globe and other valves were exported from Australia; waning by -3% against 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 32%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of process control, gate, globe and other valves rose sharply to $X in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), New Zealand (X tons) and China (X tons) were the main destinations of exports of process control, gate, globe and other valves from Australia, together accounting for 51% of total exports. Papua New Guinea, the UK, Indonesia, Singapore, Vietnam, New Caledonia, the Philippines, Thailand and Hong Kong SAR lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by New Caledonia (with a CAGR of +19.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for process control, gate, globe and other valves exported from Australia were the United States ($X), New Zealand ($X) and China ($X), with a combined 51% share of total exports. Papua New Guinea, the UK, Indonesia, Singapore, Vietnam, New Caledonia, the Philippines, Thailand and Hong Kong SAR lagged somewhat behind, together comprising a further 30%.

Among the main countries of destination, Vietnam, with a CAGR of +18.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for process control, gate, globe and other valves amounted to $X per ton, surging by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2018 an increase of 19% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($X per ton) and the Philippines ($X per ton), while the average price for exports to Singapore ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Process Control, Gate, Globe and Other Valves

Imports into Australia

In 2022, approx. X tons of process control, gate, globe and other valves were imported into Australia; dropping by -15.5% on 2021. Overall, imports recorded a mild slump. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of process control, gate, globe and other valves fell to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. Over the period under review, imports of reached the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), the United States (X tons) and the UK (X tons) were the main suppliers of imports of process control, gate, globe and other valves to Australia, with a combined 59% share of total imports. These countries were followed by Germany, Italy, Malaysia, Singapore, Japan, Taiwan (Chinese), India, France, Israel and South Korea, which together accounted for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +12.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and the UK ($X) were the largest process control, gate, globe and other valves suppliers to Australia, together comprising 59% of total imports. These countries were followed by Germany, Italy, Malaysia, Japan, Singapore, Taiwan (Chinese), India, France, Israel and South Korea, which together accounted for a further 25%.

Among the main suppliers, Israel, with a CAGR of +8.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for process control, gate, globe and other valves stood at $X per ton in 2022, with an increase of 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2014 an increase of 17%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($X per ton) and India ($X per ton), while the price for Singapore ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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